Reach The Bazaria

Ar. Neeraj Gautam, Associate Architectural Executive and Sh. Ashish Dubey, Chartered Accountant briefed about the facts of the project. Sh. Deepak Sethi (AR), Sh. Vivek Lohani (AR), Sh. Sharad Tiwari (AR) and Ms. Monica Chugh (AR) ae present on behalf of the promoter and states that the present application pertains to new license no. 138 of 2024 dated 05.11.2024 which is granted by DTCP after migration of area measuring 4.1125 acres from license no. 150 of 2022 dated 28.09.2022 and area measuring 0.1688 acres from license no. 17 of 2010 dated 13.02.2010 along with fresh area measuring 1.9688 acres. The promoter states that no building plan has been obtained till date with respect to respect to license no. 150 of 2022, and therefore the promoter neither applied for RERA registration and nor advertised, marketed, booked, sold or offered to sale in any manner any area proposed to be developed under the said license. It is further stated by the promoter that the license no. 17 of 2010 dated 13.02.2010, was granted for an area measuring 6.26 acres. The project under the said license was developed in two parts, one office complex and the other retail complex. The OC of the office area was issued by DTCP vide memo no. ZP-603/SD(BS)/2017/18007 dated 27.07.2017 which is prior to the commencement of Haryana Real Estate (Regulation and Development) Rules, 2017. Further, the OC of retail complex is issued by DTCP vide memo no. ZP-603-Vol-II/SD(DK)/2019/19762 dated 16.08.2019 which is after the commencement of Rules of 2017. The AR of the promoter further states that no third-party rights have been created in the retail area and the same is for self-occupancy and is on lease model. No sale is proposed in the retail area of the project area and hence no registration is required in terms of clarification issued by HRERA vide its memo no. HRERA/RD/2017/35/1049 dated 15.09.2017 wherein it is clarified that a promoter may register his licensed (unlaunched) projects any time in future before he intends to advertise, market, book, sell or offer to sale, or invite persons to purchase in any manner any plot, apartment or building, as the case may be, in any real estate project or part of it, in the planning area.. The promoter has submitted the consent of 22 allottees out of 33 unique allottees in the office complex falling in license no. 17 of 2010 dated 13.02.2010 in the Authority. A public notice inviting objections with respect to the consents submitted and the above claims made by the promoter were published in The Tribune (English), The Hindu (English) and Dainik Jagran (Hindi) and no objection is received in the Authority. The registration of the project namely “Reach The Bazaria” under section 4 of Real Estate (Regulation and Development), Act 2016 applied for registration vide application dated 29.01.2025 is approved as proposed subject to submission of approved service plans and compliance of the other minor deficiencies. The registration certificate shall be issued after rectifications in form REP-I, DPI and other deficiencies listed above at S. No. 21.